When I read stuff like this I feel like it's another of rich dude spends more money trying to get richer. Poor people come look this wealthy prick is throwing more money into a company he pisses and moans about while you struggle to pay rent and health insurance premium.
I don't really have any problems with Icahn, because he seems to put his money where his mouth is, and he has continuously said that Apple is undervalued and that Apple shares are cheap. Even when AAPL has dropped when they've missed earnings, he's just bought up more. He's definitely better than all of the people who spread FUD about Apple and those ignorant fools who claim that AAPL is overvalued.
So what if his main goal is to make money? That's mine too, and that's also most people's goal, unless they are complete liars.
I wouldn't want him to be in charge of Apple, but I don't mind if he's putting billions of dollars into AAPL.
This deal he's fine on Apple ][. It's his hostile takeovers that are atrocious. Typically ends up ripping off people the company owes money to, all shareholders, but most importantly the employees. The most recent one he screwed was blockbuster. But his most famous, if I recall, was Pan Am. That not only screwed everyone, but also airports and the government in the process. He takes over, sells profitable stuff, and gets out- leaving the shareholders and employees with nothing.
He's a scumbag to the highest order. He's brilliant, but ruthless. There are ways to be wealthy and rich and still be able to look yourself in the mirror. Like investing in Apple for one, like he's doing now.
LOL, My Supplier is Me. Because I'm Long-Term AAPL Owner.
My Asset( Value of AAPL Stock ) Has Been Robbed & Exploited Since 2012 More Than 20 Months by VILLAIN's Stock Maneuvering.
I Bet You 3's Supplier is KCG( Getco + Night Capital Merger ).
Posters that like to play with large fonts and colors as often as you, regardless of the content make themselves look like a first grader in most reader's eyes. I strongly suggest you cease and desist with the infantile posting method if you really want your posts to be read or taken seriously.
When I read stuff like this I feel like it's another of rich dude spends more money trying to get richer. Poor people come look this wealthy prick is throwing more money into a company he pisses and moans about while you struggle to pay rent and health insurance premium.
I think you may be in the wrong economic system. Consider alternatives?
LOL, My Supplier is Me. Because I'm Long-Term AAPL Owner.
My Asset( Value of AAPL Stock ) Has Been Robbed & Exploited Since 2012 More Than 20 Months by VILLAIN's Stock Maneuvering.
I Bet You 3's Supplier is KCG( Getco + Night Capital Merger ).
Quote:
Originally Posted by digitalclips
Posters that like to play with large fonts and colors as often as you, regardless of the content make themselves look like a first grader in most reader's eyes. I strongly suggest you cease and desist with the infantile posting method if you really want your posts to be read or taken seriously.
Dude seems to knows lots about (at least the names of) things that go on in stock markets, but if financially successful at applying 'em should spend some $$ on a good therapist working on at least his communication skills.
I think you may be in the wrong economic system. Consider alternatives?
I don't know if your a pro in economics or not, but have you seen the status of things economically. Thanks for your time captain and good day to your attempt at wit.
I don't know if your a pro in economics or not, but have you seen the status of things economically. Thanks for your time captain and good day to your attempt at wit.
What is the status of things economically? Low inflation, low interest rates, unemployment at 6.3%, declining budget deficits, health care reform taking a significant step forward, the stock market at all-time nights, companies (such as Apple) beginning to in-source their manufacturing and assembly, resurgence of the Detroit Big 3, gas prices still under $4, no unfunded war spending, a healthy debate (and efforts) under way to increase minimum wage,...... The list goes on.
You may choose to see the glass as half empty, but I see it differently.
What is the status of things economically? Low inflation, low interest rates, unemployment at 6.3%, declining budget deficits, health care reform taking a significant step forward, the stock market at all-time nights, companies (such as Apple) beginning to in-source their manufacturing and assembly, resurgence of the Detroit Big 3, gas prices still under $4, no unfunded war spending, a healthy debate (and efforts) under way to increase minimum wage,...... The list goes on.
You may choose to see the glass as half empty, but I see it differently.
I look forward, not at the present state of the economy, and while it's not terrible, it's not great either. I'm a business owner and retail (and B2B) is not back to the levels we were seeing prior to October 2008, and we will certainly never see the same margins we once did. To make the same money as we once did, we have to work harder and make it up via increased volume.
Mark my words, the stock market is in the process of "bubble"-ing and unemployment will rise once the health care reform takes hold completely. This is the (relative) calm before the next (correction) storm.
I look forward, not at the present state of the economy, and while it's not terrible, it's not great either. I'm a business owner and retail (and B2B) is not back to the levels we were seeing prior to October 2008, and we will certainly never see the same margins we once did. To make the same money as we once did, we have to work harder and make it up via increased volume.
Mark my words, the stock market is in the process of "bubble"-ing and unemployment will rise once the health care reform takes hold completely. This is the (relative) calm before the next (correction) storm.
I look forward, not at the present state of the economy, and while it's not terrible, it's not great either. I'm a business owner and retail (and B2B) is not back to the levels we were seeing prior to October 2008, and we will certainly never see the same margins we once did. To make the same money as we once did, we have to work harder and make it up via increased volume.
Mark my words, the stock market is in the process of "bubble"-ing and unemployment will rise once the health care reform takes hold completely. This is the (relative) calm before the next (correction) storm.
Unfortunately, I agree that businesses such as retail are getting disintermediated. That has to do with, IMHO, larger forces such as e-commerce rather than the state of the economy.
The market is in bubble territory? No way. Even with some massive pockets of overvaluation (e.g., FB, TWTR, TSKA, NFLX, AMZN) the S&P500 -- which accounts for 90% of the market cap of stocks in the US -- currently trades at a forward P/E of 16x. The average over the past century is 15x.
Will there be a correction at some point? Of course. That is inherent to the nature of things in an economy like this. But that could be one year away or ten years away or 25 years away, no one can tell.
Posters that like to play with large fonts and colors as often as you, regardless of the content make themselves look like a first grader in most reader's eyes. I strongly suggest you cease and desist with the infantile posting method if you really want your posts to be read or taken seriously.
Dude seems to knows lots about (at least the names of) things that go on in stock markets, but if financially successful at applying 'em should spend some $$ on a good therapist working on at least his communication skills.
Well, As Far As Communication Skill is Concerned, I Have A Edge on YOU.
Unfortunately, I agree that businesses such as retail are getting disintermediated. That has to do with, IMHO, larger forces such as e-commerce rather than the state of the economy.
The market is in bubble territory? No way. Even with some massive pockets of overvaluation (e.g., FB, TWTR, TSKA, NFLX, AMZN) the S&P500 -- which accounts for 90% of the market cap of stocks in the US -- currently trades at a forward P/E of 16x. The average over the past century is 15x.
Will there be a correction at some point? Of course. That is inherent to the nature of things in an economy like this. But that could be one year away or ten years away or 25 years away, no one can tell.
Unfortunately, I agree that businesses such as retail are getting disintermediated. That has to do with, IMHO, larger forces such as e-commerce rather than the state of the economy.
The market is in bubble territory? No way. Even with some massive pockets of overvaluation (e.g., FB, TWTR, TSKA, NFLX, AMZN) the S&P500 -- which accounts for 90% of the market cap of stocks in the US -- currently trades at a forward P/E of 16x. The average over the past century is 15x.
Will there be a correction at some point? Of course. That is inherent to the nature of things in an economy like this. But that could be one year away or ten years away or 25 years away, no one can tell.
I'm not being a pessimist, just keeping it real. It's happening sooner rather than later and it'll be more about interest rates and inflation. The stock market will naturally follow soon, thereafter.
I'm not being a pessimist, just keeping it real. It's happening sooner rather than later and it'll be more about interest rates and inflation. The stock market will naturally follow soon, thereafter.
"Sooner than later"? Give me a break. People have been panicked about the sky falling on those two fronts -- interest rates and inflation -- at least since 2008, i.e., for over six years now. Yet, it's all blue sky out there.
It's the same recalcitrant crowd that's been into nonsensical stuff like the gold standard, bit coins, commodities, balance-the-budget-at-any-cost, get-rid-of-the-Fed, etc.
At what point do they wake up realize that they've been utterly, totally out to lunch?!
I (boldly) predict that the stock market will actually rise if interest rates and inflation rates go up (as it did when the 10-year rate went from 2.5% to 3.0% a few months ago, and the market did,..... guess what.... it went up.). Why? Because it will signal the fact that robust long-term growth has returned.
He is trying to get more stock than Lauren Jobs... why?... is it because, all of his hair-brained schemes for Apple were shot down by her and the Apple board?.
"Sooner than later"? Give me a break. People have been panicked about the sky falling on those two fronts -- interest rates and inflation -- at least since 2008, i.e., for over six years now. Yet, it's all blue sky out there.
It's the same recalcitrant crowd that's been into nonsensical stuff like the gold standard, bit coins, commodities, balance-the-budget-at-any-cost, get-rid-of-the-Fed, etc.
At what point do they wake up realize that they've been utterly, totally out to lunch?!
I (boldly) predict that the stock market will actually rise if interest rates and inflation rates go up (as it did when the 10-year rate went from 2.5% to 3.0% a few months ago, and the market did,..... guess what.... it went up.). Why? Because it will signal the fact that robust long-term growth has returned.
Only time and a little patience will prove who's predictions are more accurate, and I hope I'm wrong and I hope you're right. We will pick up this topic again when the time comes.
Comments
LOL, My Supplier is Me. Because I'm Long-Term AAPL Owner.
My Asset( Value of AAPL Stock ) Has Been Robbed & Exploited Since 2012 More Than 20 Months by VILLAIN's Stock Maneuvering.
I Bet You 3's Supplier is KCG( Getco + Night Capital Merger ).
This deal he's fine on Apple ][. It's his hostile takeovers that are atrocious. Typically ends up ripping off people the company owes money to, all shareholders, but most importantly the employees. The most recent one he screwed was blockbuster. But his most famous, if I recall, was Pan Am. That not only screwed everyone, but also airports and the government in the process. He takes over, sells profitable stuff, and gets out- leaving the shareholders and employees with nothing.
He's a scumbag to the highest order. He's brilliant, but ruthless. There are ways to be wealthy and rich and still be able to look yourself in the mirror. Like investing in Apple for one, like he's doing now.
Posters that like to play with large fonts and colors as often as you, regardless of the content make themselves look like a first grader in most reader's eyes. I strongly suggest you cease and desist with the infantile posting method if you really want your posts to be read or taken seriously.
The article says he bought back in March, prior to the $75 increase in share price. That was an easy 14% increase in value!
When I read stuff like this I feel like it's another of rich dude spends more money trying to get richer. Poor people come look this wealthy prick is throwing more money into a company he pisses and moans about while you struggle to pay rent and health insurance premium.
I think you may be in the wrong economic system. Consider alternatives?
LOL, My Supplier is Me. Because I'm Long-Term AAPL Owner.
My Asset( Value of AAPL Stock ) Has Been Robbed & Exploited Since 2012 More Than 20 Months by VILLAIN's Stock Maneuvering.
I Bet You 3's Supplier is KCG( Getco + Night Capital Merger ).
Posters that like to play with large fonts and colors as often as you, regardless of the content make themselves look like a first grader in most reader's eyes. I strongly suggest you cease and desist with the infantile posting method if you really want your posts to be read or taken seriously.
Dude seems to knows lots about (at least the names of) things that go on in stock markets, but if financially successful at applying 'em should spend some $$ on a good therapist working on at least his communication skills.
I also shudder to contemplate his politics.....
I don't know if your a pro in economics or not, but have you seen the status of things economically. Thanks for your time captain and good day to your attempt at wit.
What is the status of things economically? Low inflation, low interest rates, unemployment at 6.3%, declining budget deficits, health care reform taking a significant step forward, the stock market at all-time nights, companies (such as Apple) beginning to in-source their manufacturing and assembly, resurgence of the Detroit Big 3, gas prices still under $4, no unfunded war spending, a healthy debate (and efforts) under way to increase minimum wage,...... The list goes on.
You may choose to see the glass as half empty, but I see it differently.
What is the status of things economically? Low inflation, low interest rates, unemployment at 6.3%, declining budget deficits, health care reform taking a significant step forward, the stock market at all-time nights, companies (such as Apple) beginning to in-source their manufacturing and assembly, resurgence of the Detroit Big 3, gas prices still under $4, no unfunded war spending, a healthy debate (and efforts) under way to increase minimum wage,...... The list goes on.
You may choose to see the glass as half empty, but I see it differently.
I look forward, not at the present state of the economy, and while it's not terrible, it's not great either. I'm a business owner and retail (and B2B) is not back to the levels we were seeing prior to October 2008, and we will certainly never see the same margins we once did. To make the same money as we once did, we have to work harder and make it up via increased volume.
Mark my words, the stock market is in the process of "bubble"-ing and unemployment will rise once the health care reform takes hold completely. This is the (relative) calm before the next (correction) storm.
Unfortunately, I agree that businesses such as retail are getting disintermediated. That has to do with, IMHO, larger forces such as e-commerce rather than the state of the economy.
The market is in bubble territory? No way. Even with some massive pockets of overvaluation (e.g., FB, TWTR, TSKA, NFLX, AMZN) the S&P500 -- which accounts for 90% of the market cap of stocks in the US -- currently trades at a forward P/E of 16x. The average over the past century is 15x.
Will there be a correction at some point? Of course. That is inherent to the nature of things in an economy like this. But that could be one year away or ten years away or 25 years away, no one can tell.
Thank You for Your Advice, but IT'S ME !
Well, As Far As Communication Skill is Concerned, I Have A Edge on YOU.
My Politics is SIMPLE !
WHERE HE LEADS.
Well said.
Unfortunately, I agree that businesses such as retail are getting disintermediated. That has to do with, IMHO, larger forces such as e-commerce rather than the state of the economy.
The market is in bubble territory? No way. Even with some massive pockets of overvaluation (e.g., FB, TWTR, TSKA, NFLX, AMZN) the S&P500 -- which accounts for 90% of the market cap of stocks in the US -- currently trades at a forward P/E of 16x. The average over the past century is 15x.
Will there be a correction at some point? Of course. That is inherent to the nature of things in an economy like this. But that could be one year away or ten years away or 25 years away, no one can tell.
I'm not being a pessimist, just keeping it real. It's happening sooner rather than later and it'll be more about interest rates and inflation. The stock market will naturally follow soon, thereafter.
I'm not being a pessimist, just keeping it real. It's happening sooner rather than later and it'll be more about interest rates and inflation. The stock market will naturally follow soon, thereafter.
"Sooner than later"? Give me a break. People have been panicked about the sky falling on those two fronts -- interest rates and inflation -- at least since 2008, i.e., for over six years now. Yet, it's all blue sky out there.
It's the same recalcitrant crowd that's been into nonsensical stuff like the gold standard, bit coins, commodities, balance-the-budget-at-any-cost, get-rid-of-the-Fed, etc.
At what point do they wake up realize that they've been utterly, totally out to lunch?!
I (boldly) predict that the stock market will actually rise if interest rates and inflation rates go up (as it did when the 10-year rate went from 2.5% to 3.0% a few months ago, and the market did,..... guess what.... it went up.). Why? Because it will signal the fact that robust long-term growth has returned.
"Sooner than later"? Give me a break. People have been panicked about the sky falling on those two fronts -- interest rates and inflation -- at least since 2008, i.e., for over six years now. Yet, it's all blue sky out there.
It's the same recalcitrant crowd that's been into nonsensical stuff like the gold standard, bit coins, commodities, balance-the-budget-at-any-cost, get-rid-of-the-Fed, etc.
At what point do they wake up realize that they've been utterly, totally out to lunch?!
I (boldly) predict that the stock market will actually rise if interest rates and inflation rates go up (as it did when the 10-year rate went from 2.5% to 3.0% a few months ago, and the market did,..... guess what.... it went up.). Why? Because it will signal the fact that robust long-term growth has returned.
Only time and a little patience will prove who's predictions are more accurate, and I hope I'm wrong and I hope you're right. We will pick up this topic again when the time comes.